BMW 5-Series Lease Questions

Comments

You are correct. They were using the old program - got them straightened out. All in with no cap cost reduction and 7 MSDs, my payment will be around $780 including tax for a 2007 550i with Cold Weather, Logic 7, Automatic, and Sirius. Pretty good, don't you think? CB

Carman the MSRP is $48865 and they sold me the car for $45866.00 I leased the car for $594 including tax for 36 months/12kmiles with 2600 total down which includes first month, one month security. I think I got a great deal what do you think.

I got a quote of $650 a month including tax to lease for 36 mos, 15K a 525xi with prem packg, auto shift, cold weather, GPS, satellite after trading in my 1999 Audi A4 with blue book value of 6300 (needs a lot of work). Does this sound like a reasonable deal?

Something does not add up in your figures. The BASE price without oprions on the 07 530i as listed on Edmunds.com starts at MSRP $47,500- American. 1.Where are you getting MSRP of 55970?2. What is the $3000 discount you are quoting?

The $$ factor that she used was .0016. I did not put any additional Security Deposits down because I asked her if I would be able to and she said it does not make sense to because the $$ factor is already low.

Does anyone know the MF and residuals for a 530XI this month? I had heard MF was .00160 but not sure about residual.Specifically, 36mo/15K miles.Also, the going rate for price seems to be $1000-2000 over invoice, is that what everyone seems to be encountering?

I've talked to a private party about taking over his lease on a 2006 M5 (by phone so far: haven't seen the paper work). He bought the M5 6 months ago. 36 month lease. Payments are $1535. Residual $81250. The residual seems way out of wack to me. Does this make any sense to any of you more expert leasing guys? Or am I missing something?

Hi guys. I've been reading your posts and I thank all of you for such great knowledge and tips. Today, I finally pulled a trigger on '07 525i.I spent about 5 hours at the dealership here in SoCal today and I was doing alright with the quotes you guys posted until the sales person start talking about the cap cost. This is what I finally got for my grey silver 525i:

Hi superman105. The money factor that you mentioned is available to any consumer who leases through BMW Financial Services and pays a security deposit and BMW Financial Services' $625 acquisition fee at lease signing.

Hi stang98sc. Let's work up a lease payment on this car for you and see what we come up with. According to my calculations, if you were to lease a 2007 BMW 530i with an MSRP of $52,870 and a selling price of $48,410 through BMW Financial Services right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $565 with the payment of a security deposit and BMW FS' $625 acquisition fee at lease signing.

Hi lawman10. The selling price that you were given for this car is very attractive. It's tough for me to say whether this dealer marked up your car's money factor or not. I come up with a zero down, pre-tax monthly payment of around $555 for it. If you didn't make any sort of capitalized cost reduction, the payment that includes tax is probably in the right ballpark.

Greetings John. The best way to negotiate an attractive lease on a vehicle is to negotiate as low a selling price for it as possible, just as if you were paying cash for or financing it, and then have the dealer calculate its lease payment using its buy rate lease money factor. BMW Financial Services' current buy rate lease money factor for a 36 month lease of a 2007 530xi is .00160.

Hello jkmd. I would be happy to share my thoughts on this deal with you, however you never mentioned its selling price or MSRP. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. Let me know these numbers and I'll tell you what I think.